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1Lifedirect Credit Life Cover |
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1Lifedirect Credit Life Cover has been designed to clear any outstanding debt
that the policy holder may have left behind in the event of death.
1Life Credit
Upon death, the 1Life Credit life cover insurance policy holder's short and long-term
outstanding capital debt will be settled with the respective loan providers,
Pays out up to R20 000 pm for six months to cover short and long-term loans in
the case of the 1Life Credit policy holder becoming retrenched,
1Life Credit life insurance policies are decreasing sum assured so that the
amount they pay out will proportionately decrease over time as the policy holder
repays the debt,
Is valid for the entire period of the loan contract or outstanding loan contract
period,
Includes dread disease cover and occupation-based disablement cover, and
Offers immediate coverage.
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